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When do businesses invest heavily in capital goods?
Businesses invest heavily in capital goods when companies may build new plants or buy new equipment in their plants.
Top 100 most richest men in Nigeria?
Alhaji Aliko Dangote is the richest man in Nigeria with a net worth of $16 billion as of 2013. He deals in mostly consumer goods, but is lately making investments in oil companies. Mike Adenuga is the second richest and has invested in telecoms and oil.
Is computer is capital goods?
YES Computer is capital goods
This is equipment and factories used in the production of goods and services?
capital goods or capital
Which of the following statements is TRUE about capital goods?
Capital goods are bigger and more expensive than consumer goods.
Is another name for capacity of a product to be useful?
utility
How does importation devalues the Nigeria's economy?
it devalues nigerias economy because 50% of goods in nigeria are imported
What was the basis of wealth of the northern states?
Capital (stocks, goods, and assets) ~Apex~
What are the disadvantages of mixed economy in Nigeria?
The disadvantages of the mixed economy in Nigeria is that some unscrupulous businessmen are evading taxes. They import some goods which pose a danger to the locally produced goods.
What incentive do companies have in investing in their capital goods or in new technologies?
The goods will assist in creating more capital.
What are tools or equipment used to produce other goods?
The Answer is Capital Goods or Capital Good without the (s)
Tool or machine that a company can use to produce goods and services?
Capital goods/ Capital resource.
